An insurance broker's survey finds little change in the rate of increase for group clients over the past six months as employers shift more of the cost burden onto their employees, the Council of Insurance Agents & Brokers said.

The Washington, D.C.-based association's six-month survey of group medical and group life plans finds little difference in the rate of increase over the previous six month survey, the council said.

For small accounts, 50 or less employees, and medium-size accounts, between 51 and 500 employees, the bulk of the increase was in the range of 11-to-15 percent. For large accounts, those with 501 or more employees, 46 percent experienced increases in the 6-to-10 percent range.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.